L&T INFOTECH LTD share price has hit an all-time high at Rs 2,551 (up 2.3%).
Meanwhile, the BSE IT Index is at 18,234 (up 0.4%).
Among the top gainers in the BSE IT Index today are L&T INFOTECH LTD (up 2.3%) and TCS (up 0.3%).
TECH MAHINDRA (down 0.1%) and MINDTREE (down 0.3%) are among the top losers today.
Over the last one year, L&T INFOTECH LTD has moved up from Rs 1,609 to Rs 2,551, registering a gain of Rs 942 (up 55.8%).
The BSE IT has moved up from 16,146 to 18,234, registering a gain of 2,088 points (up 12.3%) during the last 12 months.
The top gainers among the BSE IT Index stocks during this same period were INFIBEAM AVENUES (up 95.8%), PERSISTENT SYSTEMS (up 75.3%) and TATA ELXSI (up 73.9%).
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The BSE Sensex is at 39,037 (up 0.7%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 5.3%), ASIAN PAINTS (up 2.8%) and BAJAJ FINANCE (up 2.2%). Other gainers include HDFC (up 2.0%) and NTPC (up 2.0%). The most traded stocks in the BSE Sensex are SBI and BHARTI AIRTEL.
In the meantime, NSE Nifty is at 11,510 (up 0.5%). The top gainers in the NSE Nifty include BHARTI AIRTEL (up 5.2%), JSW STEEL (up 3.5%) and ASIAN PAINTS (up 3.1%). Other gainers include HINDALCO (up 3.0%) and EICHER MOTOR (up 2.4%).
Over the last 12 months, the BSE Sensex has moved up from 36,563 to 39,037, registering a gain of 2,474 points (up 6.4%).
L&T INFOTECH LTD net profit stood at Rs 4 billion for the quarter ended March 2020, compared to a profit of Rs 4 billion a year ago. Net Sales rose 7.1% to Rs 30.1 billion during the period as against Rs 28.1 billion in January-March 2019.
For the year ended March 2019, L&T INFOTECH LTD reported 36.2% increase in net profit to Rs 15.2 billion compared to net profit of Rs 11.1 billion during FY18.
Revenue of the company grew 29.3% to Rs 94 billion during FY19.
The current Price to earnings ratio of L&T INFOTECH LTD, based on rolling 12 month earnings, stands at 28.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours today and ended their day deep in the red.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
ITD CEMENTATION INDIA share price is trading up by 8% and its current market price is Rs 93. The BSE REALTY is up by 0.3%. The top gainers in the BSE REALTY Index are ITD CEMENTATION INDIA (up 8.5%) and INDIABULLS REAL EST (up 10.3%). The top losers are PRESTIGE ESTATES and GODREJ PROPERTIES (down 0.2%).
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